The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AT&T Corp. (New) COM 00206R102   1,733 60,769 SH   SOLE   60,769 0 0
AbbVie, Inc. COM 00287Y109   3,859 44,058 SH   SOLE   44,058 0 0
Abbott Laboratories COM 002824100   1,713 15,741 SH   SOLE   15,741 0 0
American Express COM 025816109   1,655 16,511 SH   SOLE   16,511 0 0
Anheuser Busch InBev COM 03524a108   1,067 19,800 SH   SOLE   19,800 0 0
Apple Computer COM 037833100   833 7,192 SH   SOLE   7,192 0 0
Atlassian Corporation COM G06242104   555 3,053 SH   SOLE   3,053 0 0
Bristol-Myers Squibb COM 110122108   1,603 26,593 SH   SOLE   26,593 0 0
Bunge Ltd. COM G16962105   1,408 30,800 SH   SOLE   30,800 0 0
CSX Corp. COM 126408103   3,038 39,116 SH   SOLE   39,116 0 0
Carrier Global Corporation COM 14448c104   244 7,981 SH   SOLE   7,981 0 0
Catchmark Timber Trust, Inc. C COM 14912Y202   108 12,110 SH   SOLE   12,110 0 0
Chevron Corporation (fmly. Che COM 166764100   1,251 17,372 SH   SOLE   17,372 0 0
Clorox Co. COM 189054109   3,205 15,250 SH   SOLE   15,250 0 0
ConocoPhillips COM 20825C104   420 12,802 SH   SOLE   12,802 0 0
Copart Inc. COM 217204106   2,505 23,825 SH   SOLE   23,825 0 0
DNP Select Income Fund (fmly. COM 23325p104   683 68,070 SH   SOLE   68,070 0 0
Disney (Walt) Holding Co. COM 254687106   2,289 18,450 SH   SOLE   18,450 0 0
Duke Energy COM 264399106   260 2,937 SH   SOLE   2,937 0 0
Duke Realty Corp. (fmly. Duke- COM 264411505   365 9,900 SH   SOLE   9,900 0 0
Engie (formerly GDF Suez S.A.) COM 29286D105   142 10,700 SH   SOLE   10,700 0 0
Equinor ASA (formerly Statoil COM 29446m102   388 27,567 SH   SOLE   27,567 0 0
Essex Property Trust COM 297178105   1,339 6,668 SH   SOLE   6,668 0 0
Fidelity Commonwealth TR Stk E COM 315912808   352 811 SH   SOLE   811 0 0
Gilead Sciences, Inc. COM 375558103   1,254 19,841 SH   SOLE   19,841 0 0
Hawaiian Electric COM 419870100   1,420 42,732 SH   SOLE   42,732 0 0
Healthpeak Properties Inc (frm COM 42250P103   578 21,274 SH   SOLE   21,274 0 0
Intel Corp. COM 458140100   488 9,430 SH   SOLE   9,430 0 0
Johnson & Johnson COM 478160104   1,087 7,300 SH   SOLE   7,300 0 0
Kellogg Co. COM 487836108   1,174 18,175 SH   SOLE   18,175 0 0
Kimberly-Clark COM 494368103   1,469 9,950 SH   SOLE   9,950 0 0
Leggett & Platt, Inc. COM 524660107   601 14,600 SH   SOLE   14,600 0 0
Lilly, Eli COM 532457108   1,634 11,037 SH   SOLE   11,037 0 0
Lockheed Martin Corp. COM 539830109   1,274 3,325 SH   SOLE   3,325 0 0
Medical Marijuana, Inc. COM 58463A105   1 60,000 SH   SOLE   60,000 0 0
Merck & Co. COM 589331107   3,068 36,983 SH   SOLE   36,983 0 0
Microchip Technology, Inc. COM 595017104   2,650 25,786 SH   SOLE   25,786 0 0
Microsoft COM 594918104   4,027 19,146 SH   SOLE   19,146 0 0
Occidental Petroleum COM 674599105   378 37,757 SH   SOLE   37,757 0 0
Open Joint Stock Co. Gazprom COM 368287207   126 29,050 SH   SOLE   29,050 0 0
Oracle Corp. COM 68389X105   561 9,400 SH   SOLE   9,400 0 0
Otis Worldwide Corporation COM 68902v107   253 4,052 SH   SOLE   4,052 0 0
Pepsico Inc. COM 713448108   1,844 13,308 SH   SOLE   13,308 0 0
Petroleo Brasileiro S.A. COM 71654v408   144 20,200 SH   SOLE   20,200 0 0
Pfizer Inc. COM 717081103   1,883 51,298 SH   SOLE   51,298 0 0
Phillips 66 COM 718546104   288 5,558 SH   SOLE   5,558 0 0
ProShares Short S&P 500 COM 74347R503   4,854 238,878 SH   SOLE   238,878 0 0
Procter & Gamble COM 742718109   20,256 145,736 SH   SOLE   145,736 0 0
Public Storage COM 74460D109   1,523 6,840 SH   SOLE   6,840 0 0
Qualcomm Inc. COM 747525103   685 5,825 SH   SOLE   5,825 0 0
Rayonier Inc. COM 754907103   397 15,000 SH   SOLE   15,000 0 0
Raytheon Technologies (frmly U COM 913017109   494 8,579 SH   SOLE   8,579 0 0
Realty Income Corp. COM 756109104   222 3,650 SH   SOLE   3,650 0 0
Regeneron Pharmaceuticals, Inc COM 75886f107   831 1,485 SH   SOLE   1,485 0 0
Sanofi-Aventis SA COM 80105N105   1,250 24,925 SH   SOLE   24,925 0 0
Schlumberger, Ltd. COM 806857108   252 16,200 SH   SOLE   16,200 0 0
Southern Company COM 842587107   1,408 25,966 SH   SOLE   25,966 0 0
Starbucks Corp. COM 855244109   1,865 21,711 SH   SOLE   21,711 0 0
Target Stores COM 87612E106   2,869 18,225 SH   SOLE   18,225 0 0
The Gabelli Healthcare and Wel COM 36246K103   1,764 170,900 SH   SOLE   170,900 0 0
Total S.A. ADR COM 89151E109   1,607 46,858 SH   SOLE   46,858 0 0
Unilever PLC COM 904767704   1,377 22,325 SH   SOLE   22,325 0 0
Ventas, Inc. COM 92276F100   1,110 26,444 SH   SOLE   26,444 0 0
Verizon Corporation COM 92343V104   1,218 20,469 SH   SOLE   20,469 0 0
Vestas Wind Systems A/S COM 925458101   1,047 19,450 SH   SOLE   19,450 0 0
W.P. Carey, Inc. COM 92936u109   1,277 19,600 SH   SOLE   19,600 0 0
Weyerhaeuser Co. COM 962166104   1,005 35,232 SH   SOLE   35,232 0 0
Invesco PureBeta 0-5 Yr US TIP COM 46138e495   1,837 71,200 SH   SOLE   71,200 0 0
Pimco 1-5 Year U.S. TIPS Index COM 72201R205   10,521 195,195 SH   SOLE   195,195 0 0
Pimco Enhanced Short Maturity COM 72201R833   2,274 22,300 SH   SOLE   22,300 0 0
SPDR FTSE Int'l Gov't Inflt Pr COM 78464a490   884 16,300 SH   SOLE   16,300 0 0
Schwab US TIPS ETF COM 808524870   1,522 24,690 SH   SOLE   24,690 0 0
ASA (Bermuda) Limited COM G3156P103   942 44,280 SH   SOLE   44,280 0 0
Agnico Eagle Miners Limited COM 008474108   1,299 16,311 SH   SOLE   16,311 0 0
AngloGold Ashanti Ltd. COM 035128206   263 9,960 SH   SOLE   9,960 0 0
BHP Billiton Ltd. COM 088606108   703 13,600 SH   SOLE   13,600 0 0
Barrick Gold Corporation COM 067901108   271 9,650 SH   SOLE   9,650 0 0
Franco-Nevada Corp. COM 351858105   4,341 31,100 SH   SOLE   31,100 0 0
Freeport McMoRan Inc. COM 35671D857   913 58,400 SH   SOLE   58,400 0 0
Hecla Mining COM 422704106   151 29,782 SH   SOLE   29,782 0 0
IAMGOLD Corporation COM 450913108   271 70,816 SH   SOLE   70,816 0 0
Kinross Gold Corporation COM 496902404   722 81,816 SH   SOLE   81,816 0 0
Kirkland Lake Gold Ltd. COM 49741e100   2,208 45,310 SH   SOLE   45,310 0 0
Market Vectors Gold Miners ETF COM 57060U100   435 11,100 SH   SOLE   11,100 0 0
McEwen Mining Inc. COM 58039P107   21 20,000 SH   SOLE   20,000 0 0
Newmont Goldcorp (fmly.Newmo COM 651639106   7,716 121,606 SH   SOLE   121,606 0 0
NovaGold Resources Inc. COM 66987E206   368 30,900 SH   SOLE   30,900 0 0
Pan American Silver Corp. COM 697900108   3,411 106,086 SH   SOLE   106,086 0 0
Pretium Resources Inc. COM 74139c102   227 17,700 SH   SOLE   17,700 0 0
Sprott Physical Gold & Silver COM 85208R101   4,554 248,298 SH   SOLE   248,298 0 0
Sprott Physical Gold Trust COM 85207H104   2,986 198,427 SH   SOLE   198,427 0 0
Sprott Physical Silver Trust COM 852075107   1,855 224,250 SH   SOLE   224,250 0 0
Wheaton Precious Metals (Silve COM 828336107   3,306 67,366 SH   SOLE   67,366 0 0
Yamana Gold, Inc. COM 98462Y100   2,404 423,325 SH   SOLE   423,325 0 0